BP's Tatics in Cape Vincent Ny

Wednesday, April 3, 2013

BREAKING NEWS!!!!!!!! BP puts U.S. wind farm arm up for sale

LONDON (Reuters) - BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments while oil and gas projects offer them better returns.

The British oil company has already sold or earmarked for sale some $38 billion worth of assets, partly to raise funds to pay for its 2010 U.S. oil spill liabilities, but also to reposition itself as a smaller, leaner company with an emphasis on high-margin oil production and exploration. Reports said the sale could raise a further $1.5 billion.[Reuters]

This latest action on BP’s part leaves many unanswered questions .

What
does this mean for Cape Vincent?

Is this the final chapter ofBP’s sordid history in Cape Vincent?

Will BP continue with the Article 10 process?

Will Marion Trieste continue her non- traditional Public Outreach ?

Will the lease holders be left twisting in the wind?

Will Richard Chandler be collecting unemployment?

Who in their right mind would want to get involved with BP’s Cape
Vincent Wind Project?

3 comments:

Anonymous
said...

"Who in their right mind?"

Perhaps Andrew Cuomo with the approval of his lap-dog legislature will purchase the Cape Vincent wind farm, as a prototype for state-owned renewable energy. How better to implement his socialist energy policy, and complement his heavy handed ART.X permitting process?

Buzzard ~ Wellesley Island

St. Lawrence river ~ Freighter

PROTECT GALLOO ISLAND FROM A WIND PROJECT

Hudson Energy filed a public involvement document with the Public Service Commission (PSC) on 6/16/15.

The approval process is now under Article 10 of the Public Service Law. The case number is 15-F-0327 and the matter # is 15-01278.

The attorney handling the case is Andrea Cerbin.

Her phone number is (518) 408-1441.

The link to the PSC site is below. On that site you will find Hudson Energy's preliminary Public Involvement Program (PIP) and the PSC response (they found it inadequate on several issues). In it you will see that the proposed transmission lines go south to Oswego.